Press Release
Press Release
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
According to a new report by EMR titled, ‘Global Biocompatible 3D Printing Materials Market Report and Forecast 2021-2026’, the global biocompatible 3D printing materials market attained a value of about USD 360 million in 2020. The industry is further expected to grow at a CAGR of 20% in the forecast period of 2021-2026.
North America is one of the largest biocompatible 3D printing materials market due to the growing acceptance of the 3D printing technology and the growing adoption in the health care sector. Rapid technological advancements taking place in the industry is also aiding the market growth in the region. In the coming years, the Asia Pacific region is expected to emerge as a significant market for biocompatible 3D printing materials. The regional market is projected to witness a robust growth in the coming years due to the increasing focus of major players on emerging Asian countries, the rising awareness about healthcare, the rising geriatric population, and the willingness of people to spend more on advanced medical treatments.
The overall global biocompatible 3D printing materials market is being driven by the innovations and collaborations among the key players in the industry. In January 2021, 3D Systems (NYSE: DDD), a leading player in the industry, entered into a joint agreement with CollPlant Biotechnologies to manufacture tissue and scaffold bioprinting processes for third party collaborators. The joint venture comes in response to the rising need for tissues and scaffolds for regenerative medicine applications. The collaboration will make use of 3D Systems’ printers, CollPlant’s BioInks, and new formulations of rhCollagen-based BioInks, which will be jointly developed by the two companies, to produce their own materials and for deployment with third-party vendors. Such developments are expected to influence the market positively.
Market Analysis by Type, Application, Form, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global biocompatible 3D printing materials market are 3D Systems Inc., Evonik Industries AG, Stratasys Ltd., General Electric Company (Concept Laser GmbH), Renishaw, Aspect Biosystems Ltd., and Detax Ettlingen, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.